https://www.taxtmi.com/caselaws?id=388022 The Tribunal upheld the deletion of disallowed expenses as capital in nature, provisional expenses under Employees Remuneration and Benefits, and expenses under Section 14A. It allowed the disallowance of audit fees as prior period expenses but permitted expenses for Jhanki-Pradarshani & Seminar, Devi Ahilya Utsav, and Malwa Utsav. The denial of exemption under Sections 11 and 12 of the Income Tax Act was upheld due to the rejection of registration under Section 12AA. The Tribunal dismissed the revenue's appeal for A.Y. 2011-12, allowed the assessee's appeal for A.Y. 2011-12, and partly allowed the assessee's appeal for A.Y. 2012-13. en-us Thu, 31 Oct 2019 00:00:00 +0530 Mon, 04 Nov 2019 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388022 The Tribunal upheld the deletion of disallowed expenses as capital in nature, provisional expenses under Employees Remuneration and Benefits, and expenses under Section 14A. It allowed the disallowance of audit fees as prior period expenses but permitted expenses for Jhanki-Pradarshani & Seminar, Devi Ahilya Utsav, and Malwa Utsav. The denial of exemption under Sections 11 and 12 of the Income Tax Act was upheld due to the rejection of registration under Section 12AA. The Tribunal dismissed the revenue's appeal for A.Y. 2011-12, allowed the assessee's appeal for A.Y. 2011-12, and partly allowed the assessee's appeal for A.Y. 2012-13. Case-Laws Income Tax Thu, 31 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388022